---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-006841"
form_type: "8-K"
ticker: "WSR"
cik: "0001175535"
company_name: "Whitestone REIT"
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:22:18.227929+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Whitestone REIT Q4 Core FFO $0.24, occupancy record 94.2%, 2024 guidance $0.98-$1.04, dividend up 3%

## Summary
- Q4 2023 revenue $37.5M (+7.5% YoY); Core FFO $0.24; occupancy record 94.2%.
- FY 2023 Core FFO $0.91 vs $1.03; same-store NOI +2.7% to $92.8M.
- 2024 Core FFO guidance $0.98-$1.04; net income $0.32-$0.38 per diluted share.
- Dividend raised 3.13% to $0.12375/share for Q2 2024; paid monthly in three installments.
- Net debt/EBITDAre 7.5x at year-end; guided to 6.6x-7.0x in 2024.

## SEC filing metadata
- accession: 0001437749-24-006841
- form_type: 8-K
- ticker: WSR
- cik: 0001175535
- company_name: Whitestone REIT
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1175535/000143774924006841/0001437749-24-006841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175535/000143774924006841/wstr20240214_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-006841
- JSON: https://secwatch.observer/filing/0001437749-24-006841.json
- Plain text: https://secwatch.observer/filing/0001437749-24-006841.txt

## Key facts
- Earnings Releases
  Whitestone REIT reported the three and twelve months ended December 31, 2023 results: revenue $37.5 million and $147.0 million, net income $1.5 million and $19.2 million, EPS $0.03 and $0.38 per diluted share. Guidance reaffirmed.
  - Period: the three and twelve months ended December 31, 2023
  - Revenue: $37.5 million and $147.0 million
  - Net income: $1.5 million and $19.2 million
  - EPS: $0.03 and $0.38 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: “ OP ” ) unit basis unless stated otherwise. Reconciliations of Net Income Attributable to Whitestone REIT to FFO, Core FFO, NOI and EBITDAre are included herein. • Revenues of $37.5 million versus $34.9 million for the fourth quarter of 2022. • Net Income attributable to common shareholders of $1.5 million, or $0.03 per diluted share, versus $19.9 million, or $0.40
  evidence_url: https://www.sec.gov/Archives/edgar/data/1175535/000143774924006841/0001437749-24-006841-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.